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ZF RANE AUTOMOTIVE INDIA ACQUIRES TRW SUN STEERING WHEELS
The Sunday Guardian
|March 31, 2024
Manufacturer of hydraulic steering gear system, ZF Rane Automotive India has acquired 100 per cent stake in the steering wheels manufacturer TRW Sun Steering Wheels. A joint venture between ZF Group in India and Rane Group, ZF Rane Automotive India also manufactures seat belts, and airbags for the automotive industry.
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With the acquisition of the domestic steering wheels and occupant safety manufacturer- TRW Sun Steering Wheels, this JV places ZF Rane Automotive in a strong position to provide comprehensive solutions covering occupant safety and system integration services to domestic customers.
This story is from the March 31, 2024 edition of The Sunday Guardian.
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